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Showing posts from February, 2018

Why PM did not receive Justin Trudeau? If not him then by whom?

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C anadian Prime Minister Justin Trudeau kicked off his journey to India when he arrived in India on Saturday for the long week visit. On Sunday, he also took a visit of Taj Mahal with its family. Apart from his engagements in Delhi, he will visit Ahmedabad, Mumbai, and Amritsar. He will also be visiting Sabarmati Ashram in Ahmedabad, Akshardham temple in Gandhinagar and participate in an event at IIM-Ahmedabad. On February 21, the Canadian prime minister will visit Golden Temple in Amritsar. The next day, he will visit New Delhi’s Jama Masjid. Everything looks perfect, right? If you think so, you might be wrong then. Canadian PM got an opportunity to see other side of India's diplomacy when he landed at the Indira Gandhi International Airport. Guess who received Justin Trudeau? Trudeau, who arrived with his wife and three children, was received by Minister of State for Agriculture Gajendra Singh Shekhawat. He was not even received by any cabinet ministe...

My take on Punjab national bank scam- let all details come out first.

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My take on the scam is scam started in 2011 where fake LOUs was issued which is kind of bank guarantee where you can raise money from another bank. What I believe is such a big amount cannot have surpassed the eyes of even higher banking authorities. How can only Deputy Manager can do everything and that too of the only single or just a couple of branches without any other authority's Notice? Now, this scam may have extended till 2017 or 2018 as 11k crores are not given in one transaction only and Allahabad bank, State bank and Axis Bank is also in this chapter. Whether fresh LOUs were issued or not is not clear therefore it is too early to comment on it. If scam also extended during NDA tenure, it would be a blot on this govt that it failed to curb corruption in its tenure. It is also a big setback as finance ministry is trying to solve NPA crisis and trying to recapitalize banks but again someone just fled with the money. I also believe that Nirav Modi and Mehul Choks...